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Home News

Over 1 Billion Passwords Stolen by Malware

January 22, 2025
Reading Time: 2 mins read
in News
Mitiga Raises 30 Million for Cloud Security

The Specops 2025 Breached Password Report has revealed that over 1 billion passwords were stolen by malware within the past year. This alarming trend highlights persistent security gaps, with millions of stolen passwords meeting standard complexity requirements. Weak password practices, such as using common terms like “123456,” “admin,” and “qwerty,” remain widespread, underscoring a lack of user awareness and education. Additionally, users often reuse passwords across work, personal, and online accounts, increasing the risk of breaches through less secure platforms.

The report identifies Redline, Vidar, and Raccoon Stealer as the leading credential-stealing malware strains, which target web browsers, email clients, and VPNs. These malware campaigns leverage the “malware-as-a-service” model, allowing cybercriminals to rent sophisticated tools and making such attacks more accessible. Stolen credentials are not only used for immediate access to personal and corporate data but also fuel broader attacks like phishing and data exfiltration. This emphasizes the growing sophistication and reach of credential theft in the modern cybersecurity landscape.

Experts warn that stolen credentials provide attackers with direct access to sensitive data, such as financial records and corporate secrets.

This access allows for deeper infiltration into organizational systems, potentially leading to large-scale breaches. Even organizations with strong password policies are vulnerable, as such policies do not safeguard against malware stealing credentials. The report stresses that reliance on standard password complexity requirements alone is insufficient to combat these advanced threats.

To address these issues, security professionals recommend implementing stronger password policies, scanning directories for compromised credentials, and conducting user education on the risks of weak password practices. Multi-Factor Authentication (MFA) is encouraged as a critical layer of security to protect against unauthorized access. Organizations must stay vigilant by updating defenses and monitoring for emerging threats to mitigate the risks posed by the alarming rise in malware-driven credential theft.

Reference:
  • Over 1 Billion Passwords Stolen by Malware Worldwide in the Past Year
Tags: Cyber NewsCyber News 2025Cyber threatsJanuary 2025
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